Kelvin Wong, a defense analyst for Jane's, poses in front of an attack helicopter during training for the Singapore Armed Forces in Queensland, Australia. (Singaporean Ministry of Defense)
David Pierson, L.A. Times: Military spending is soaring in the Asia-Pacific region. Here’s why
The Asia-Pacific region is one of the fastest-growing markets for arms dealers.
Economic growth, territorial disputes and long-sought military modernizations there propelled a 52% increase in defense spending over the last decade to $392 billion in 2018, according to the Stockholm International Peace Research Institute.
The region accounts for more than a fifth of the global defense budget and is expected to grow. That was underscored this week by news of Taiwan’s bid to strike a $2-billion deal to purchase U.S. tanks and missiles.
The biggest driver in arms purchases, however, is China — responsible for 64% of military spending in the region. With a defense budget that is second only to the U.S., China is amassing a navy that can circle the globe and developing state-of-the-art autonomous drones. The buildup is motivating surrounding countries to bolster their armed forces too — good news for purveyors of submarines, unmanned vehicles and warplanes.
Read more ....
WNU Editor: China is driving everyone to boost their defense budgets.
1 comment:
Oh wow. .almost 400bn.. wow the entire Asia Pacific of 20-30 nations with about 1/4 of human population is spending less than half than the US does. US military spending, excluding the shadow budgets, is nearly a trillion. 800bn is pretty exact if you leave out a few special projects/budgets aside from shadow ones. This is insane. Why do you think it's normal to spend a trillion dollars every year on defence while the entire rest of the world doesn't seem to. Is it we are fools and without the US there would be endless wars, or are we in endless wars because of this spending?
It's like a sick patient. Pharma companies HATE curing patients. They instead want long-term diseases like diabetes and cancer that they can treat (not cure!!) for ever.
Instead of pushing on with this insanity and nodding to the "yeah they hate our freedoms" BULLSHIT line could you all please wake the fck up? We are all treating war like a chronic issue and our fix are bombs and more bombs and yet more bombs. This year we will buy ~60,000 large bombs ..last year the same. .next year the same. .the year after that the same or more. .and then some more.
Do you honestly think we cannot do better or should not expect better? Why is this never discussed in America?why all these wars and profiteering? Look at the profit margins of these companies. It is insane!
every year the war industry (the death industry) is offering nearly 1.2 trillion (!) Dollar for grabs excluding shadow projects
This is not normal anymore. We are at a point where we as humans need to reflect
The latest grotesque,repulsive act of short term thinking:
Calling space (!) a war fighting domain
Whoever this ashole was who came up with this doctrine, not in my name you perverted idea of a human. We must unite to stop this madness if exporting war beyond our planet
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